LØKKA FARGE AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

−23,39 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 336 000	7 081 000	2 861 000	1 707 000
Net Income	−487 000	−641 000	−469 000	−1 375 000
Total Assets	3 892 000	4 428 000	5 105 000	809 000
Total Equity	2 082 000	2 110 000	1 629 000	−1 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 336 000	7 081 000	2 861 000	1 707 000
Expenditure	7 953 000	7 900 000	3 879 000	3 082 000
Operating Profit	−617 000	−819 000	−1 018 000	−1 375 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−618 000	−819 000	−1 018 000	−1 375 000
Tax	−131 000	−178 000	−549 000	0
Net Income	−487 000	−641 000	−469 000	−1 375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 056 000	1 332 000	1 392 000	255 000
Total Current Assets	2 836 000	3 095 000	3 713 000	554 000
Total Assets	3 892 000	4 428 000	5 105 000	809 000
Total Retained Equity	−2 775 000	−2 288 000	−1 648 000	−1 479 000
Total Equity	2 082 000	2 110 000	1 629 000	−1 179 000
Total Long-Term Debt	671 000	1 563 000	2 900 000	0
Total Current Debt	1 138 000	755 000	576 000	1 988 000
Total Equity and Debt	3 892 000	4 428 000	5 105 000	809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 336 000	7 081 000	2 861 000	1 707 000
Other Income	0	0	0	0
Revenue	7 336 000	7 081 000	2 861 000	1 707 000
Cost of Goods Sold	4 089 000	4 494 000	2 068 000	1 230 000
Salary Costs	2 484 000	2 097 000	1 119 000	1 206 000
Depreciation	312 000	265 000	124 000	47 000
Impairment	0	116 000	58 000	0
Expenditure	7 953 000	7 900 000	3 879 000	3 082 000
Operating Profit	−617 000	−819 000	−1 018 000	−1 375 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−487 000	−641 000	−469 000	−1 375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	119 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 056 000	1 332 000	1 273 000	255 000
Total Tangible Assets	1 056 000	1 332 000	1 273 000	255 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 056 000	1 332 000	1 392 000	255 000
Stock	1 806 000	1 327 000	1 006 000	481 000
Total Investments	0	0	0	0
Cash, Bank	96 000	72 000	310 000	47 000
Total Current Assets	2 836 000	3 095 000	3 713 000	554 000
Total Assets	3 892 000	4 428 000	5 105 000	809 000
Total Equity	2 082 000	2 110 000	1 629 000	−1 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	671 000	1 563 000	2 900 000	0
Creditors	559 000	278 000	190 000	184 000
Unpaid Taxes	250 000	219 000	220 000	85 000
Dividends	0	0	0	0
Other Current Debt	329 000	259 000	166 000	1 719 000
Total Current Debt	1 138 000	755 000	576 000	1 988 000
Total Equity and Debt	3 892 000	4 428 000	5 105 000	809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,39 %	−30,38 %	−28,79 %	116,62 %
Debt-to-Equity Ratio	0,32	0,74	1,78	−0
Operating Profit Margin	−8,41 %	−11,57 %	−35,58 %	−80,55 %
Current Ratio	2,49	4,1	6,45	0,28
Quick Ratio	−4,25	−5,41	−8,63	0,37
Equity Ratio	0,53	0,48	0,32	−1,46
Gross Profit Margin	44,26 %	36,53 %	27,72 %	27,94 %